Ofwat to put Thames Water in ‘turnaround regime’ and rejects 44% bills hike plan
Heavily indebted Thames will have to ‘fully re-evaluate’ its current turnaround strategy under Ofwat’s draft measures.
Tag: Thames Water
Heavily indebted Thames Water shells out £158m in dividends in March
Under new rules introduced last year, water companies with poor financial and environmental records are not allowed to pay dividends.
Preparations underway for Government takeover of Thames Water – reports
Thames Water could be effectively nationalised if it goes bust, according to reports in the Guardian newspaper.
Thames Water hires new boss on pay deal worth up to £2.3m
Chris Weston will become the firm’s chief executive from January 8.